Morning Minute: Tips for boomerang buyers looking to buy a home again

Boomerang buyers — homeowners who lost their home to foreclosure but are looking to buy again — are re-entering the housing market and this article from Bankrate.com (via The Sacramento Bee) offers some practical tips to help them get ready to make the move including repairing their credit and learning about the different waiting periods required for various government-backed loans. Read more.

In other headlines:

Mortgage rates fall again – Chicago Tribune

JPMorgan to Pay $614M for Faulty FHA, VA Loans – REALTOR.org

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About Stephanie Sievers

Stephanie Sievers is Senior Editor for the Illinois Association of REALTORS®. She serves as Senior Editor for IAR publications including the Illinois REALTOR® magazine and all other IAR publications. She is responsible for developing content for the Illinois REALTOR® Weekly Connection e-newsletter, coordinates the IAR Twitter account content at ILREALTOR and plans and develops content for videos. She assists in developing and writing content for the IAR blog. She also is involved in researching and drafting news releases and coordinates the news media distribution database and newsclips reports for the Association. She also assists in IAR spokesperson training seminars and is involved in development of association briefing materials on issues. She assists with the housing statistics program and reports.